SILVER BAY ASSOCIATION FOR CHRISTIAN CONFERENCES AND TRAINING

EIN: 135604788 501(c)(3) Human Services

SILVER BAY, NY

Total Revenue
$10,726,001
Total Expenses
$10,610,638
Total Assets
$45,966,104
Net Assets
$42,409,868
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
NY
Principal Officer
PETER DOLIBER
Phone
5184388501
Tax Period
2023-01-01 to 2023-12-31

SILVER BAY ASSOCIATION FOR CHRISTIAN CONFERENCES AND TRAINING, founded in 1941, is a mid-sized nonprofit in the Human Services sector that reported $10.7M in total revenue in fiscal year 2023. Net assets of $42.4M represent 47 months of operating reserves.

Mission

THE CEO LIVES ON CAMPUS AND DOES NOT RECEIVE A HOUSING ALLOWANCE. THE CEO PAYS $6,240 PER YEAR FOR THIS BENEFIT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,500,413
Program Service Revenue $4,570,355
Investment Income $1,498,283
Other Revenue $156,950
TOTAL REVENUE $10,726,001

Expense Breakdown

Grants Paid $30,782
Salaries & Benefits $5,391,737
Fundraising Expenses $276,363
Program Expenses $8,847,682
Other Expenses $5,188,119
TOTAL EXPENSES $10,610,638

Year-over-Year Comparison

2023 2022 Change
Revenue $10,726,001 $10,373,708 +0.0%
Expenses $10,610,638 $9,296,779 +0.1%
Net Income $115,363 $1,076,929 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
265
Volunteers
141

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$351,133
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KAISER TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE WAGONER TRUSTEE 1.00
Director
$0 $0 $0
THOMAS SCHAFFER TRUSTEE 1.00
Director
$0 $0 $0
PAUL NASRANI TRUSTEE 1.00
Director
$0 $0 $0
JACK MANGIANTE TRUSTEE 1.00
Director
$0 $0 $0
BETH WHITAKER TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE HAY TRUSTEE 1.00
Director
$0 $0 $0
KATHY WILSON TRUSTEE 1.00
Director
$0 $0 $0
JEREMY FISCHER TRUSTEE 1.00
Director
$0 $0 $0
HOWARD CRUSEY TRUSTEE 1.00
Director
$0 $0 $0
DENISE CARTER TRUSTEE 1.00
Director
$0 $0 $0
PAUL BELL TRUSTEE 1.00
Director
$0 $0 $0
MELISSA ADAMS TRUSTEE 1.00
Director
$0 $0 $0
DAVID GRAY TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN LOANE TREASURER & VICE CHAIR 1.00
Officer Director
$0 $0 $0
MORRIS PETERS SECRETARY 1.00
Officer Director
$0 $0 $0
ELISE WALTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOEL WATTENBARGER CHAIR 1.00
Officer Director
$0 $0 $0
MALETTA HOURIGAN CFO 40.00
Officer
$113,140 $24,889 $138,029
PETER DOLIBER CEO 40.00
Officer
$173,197 $39,907 $213,104
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,726,001 $10,610,638 $45,966,104 $115,363
2022 $10,373,708 $9,296,779 $46,052,135 $1,076,929
2021 $8,616,291 $7,194,508 $48,585,677 $1,421,783
2020 $7,469,392 $5,939,177 $46,010,845 $1,530,215
2019 $9,795,048 $8,039,641 $47,043,334 $1,755,407
2018 $8,152,175 $7,622,321 $43,719,906 $529,854
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